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Portugal revises €516M Recovery Plan to boost business support

A smarter allocation of EU funds aims to stabilize Portugal's economy. Will the changes speed up recovery for struggling companies?

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1 min read
The image shows an old book with a map of Portugal on it. The map is detailed and shows the various...
The image shows an old book with a map of Portugal on it. The map is detailed and shows the various regions of the country. The text on the book provides additional information about the map.

Portugal's Recovery Plan Overhaul Goes Beyond "Surgical" Tweaks: What Changes—and Who Benefits from €516 Million?

Portugal revises €516M Recovery Plan to boost business support

The government has already submitted its proposal to Brussels to revise Portugal's Recovery and Resilience Plan (PRR), ensuring funds can be disbursed through August. While the total budget remains unchanged, the overhaul scales back targets, cuts investments, and bolsters support for businesses.

Details

  • Economy and Territorial Cohesion Minister: Manuel Castro Almeida
  • Photography: José Sena Goulão / Lusa

Author

  • Mariana Coelho Dias

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